# Berkshire Hathaway CEO Greg Abel welcomes court decision that could limit liabilities.

*business · news · 2026-05-02 · MarketScreener*

## Key points

- An Oregon appeals court ruled a major wildfire case against PacifiCorp cannot proceed as a class action.
- PacifiCorp's potential liability from wildfire lawsuits has dropped from $55 billion after the appeals decision.
- Mini-trials awarding $1.1 billion to 171 plaintiffs will restart after the court's reset to 'ground zero.'
- California boosted its wildfire fund by $18 billion, but Oregon hasn't adopted similar utility protections.
- PacifiCorp seeks regulatory agreements allowing rate hikes in exchange for wildfire liability caps and safety plans.

**Companies:** Berkshire Hathaway, PacifiCorp
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/berkshire-ceo-abel-says-we-re-back-to-first-base-in-wildfire-litigation-ce7f58ded88af723)

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